davenportmeghan+FollowCharlotte condos hit a decade-low—what’s next?Condo prices in Charlotte are dropping faster than we’ve seen in over ten years, while single-family homes still hold steady. Between rising HOA fees, higher insurance, and stubbornly high interest rates, owning a condo just isn’t adding up for many. Plus, with more people working remotely, fewer buyers want to live in dense city buildings. Some condos are sitting on the market for ages, and sellers are slashing prices or turning to rentals. Is this the new normal for Charlotte’s condo scene, or do you think the market will bounce back soon? #RealEstate #CharlotteRealEstate #CondoMarket00Share
Denise Kemp+FollowCharlotte condos hit decade-low as costs soarCondo prices in Charlotte are dropping faster than we’ve seen in over ten years, and it’s changing the way people think about city living. Rising HOA fees and insurance costs are making condos less attractive, especially with interest rates still high. More folks are working from home and want space, so single-family homes are holding value while condos sit on the market longer. Some sellers are slashing prices or choosing to rent instead. If you’re thinking about buying or selling, how are these shifts affecting your plans? Let’s talk about what this means for our neighborhoods. #RealEstate #CharlotteRealEstate #CondoMarket00Share
Brad Caldwell+FollowBig West Coast investment shakes up Fort MillA major West Coast investor just snapped up Palmetto Place Apartments in Fort Mill for $27.7 million, marking their first big move into South Carolina. With this deal, Weidner Apartment Homes now owns over 1,000 rental units in the Charlotte region. Locals might notice changes as this 184-unit, garden-style community gets new management. It’s interesting to see how outside investors are betting big on our area—what do you think this means for rents, neighborhood vibes, and the future of Fort Mill? Let’s talk about what’s next for our community! #RealEstate #FortMill #CharlotteRealEstate00Share
Denise Kemp+FollowCharlotte home values shift: What it means for youCharlotte’s real estate market is finally cooling off after years of wild price jumps. Over half the homes here lost value on paper this past year—more than the national average. But don’t panic: most sellers aren’t actually losing money, and homes are just taking a bit longer to sell (about 54 days now, which experts say is healthy). There are more homes to choose from, so buyers have a bit more power. If you’re thinking about buying or selling, how do you feel about this return to a more balanced market? Let’s talk about what this means for our neighborhoods. #RealEstate #CharlotteRealEstate #HomeValues00Share